Overview

• Anil Ambani was interrogated by the ED on August 4 for over eight hours about alleged loan irregularities and has requested seven days to furnish documents.
• On August 6, ED investigators questioned senior Reliance ADA executives Amitabh Jhunjhunwala and Satish Seth about suspected money laundering.
• The agency identified at least 25 additional Reliance ADA Group executives during recent raids who are expected to receive future summons.
• Partha Sarathi Biswal, arrested for arranging fake bank guarantees worth ₹68.2 crore, remains in custody as the ED seeks an extension of his detention.
• The ED has written to 39 banks seeking explanations for why loan defaults were not flagged and may summon bank officials as part of its probe.